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Audit/Auditors

KPMG Australia chairman, two partners resign over audit scandal

They resigned over the handling of whistleblower allegations the firm misused confidential client information to win audit work.
They resigned over the handling of whistleblower allegations the firm misused confidential client information to win audit work.

‘Don’t insult our intelligence’: KPMG Australia slammed by lawmakers over latest audit scandal

KPMG is alleged to have misused confidential information from property developer Lendlease Group to win contracts with other corporate clients.
KPMG is alleged to have misused confidential information from property developer Lendlease Group to win contracts with other corporate clients.

KPMG scandal deepens Big Four accounting firms’ woes in Australia

The Australian government said on June 16 that KPMG will not bid for new federal work until Sept 30.
The Australian government said on June 16 that KPMG will not bid for new federal work until Sept 30.

Lendlease to change auditor as regulator probes KPMG Australia

Three KPMG Australia partners being investigated over whistleblower allegations the firm misused confidential client data to win lucrative audit contracts.
Three KPMG Australia partners being investigated over whistleblower allegations the firm misused confidential client data to win lucrative audit contracts.

Lebanon audits MEA safety as pilot groups voice conflict concerns

A Lebanese Middle East Airlines (MEA) aircraft approaches the Beirut-Rafic Hariri International Airport as it flies over Beirut's southern suburbs, amid escalating hostilities between Israel and Hezbollah, as the U.S.-Israeli conflict with Iran continues, Lebanon, March 30, 2026. REUTERS/Amr Abdallah Dalsh/File Photo
A Lebanese Middle East Airlines (MEA) aircraft approaches the Beirut-Rafic Hariri International Airport as it flies over Beirut's southern suburbs, amid escalating hostilities between Israel and Hezbollah, as the U.S.-Israeli conflict with Iran continues, Lebanon, March 30, 2026. REUTERS/Amr Abdallah Dalsh/File Photo

US’ Internal Revenue Service to drop audits of Trump and family

US President Donald Trump (left) and First Lady Melania Trump during the Congressional Picnic on the South Lawn of the White House on May 19.
US President Donald Trump (left) and First Lady Melania Trump during the Congressional Picnic on the South Lawn of the White House on May 19.

Philippine tax agency orders probe on V-P Sara Duterte’s businesses

The Bureau of Internal Revenue said it has found probable cause to examine tax records of Vice-President Sara Duterte and her spouse Manases Carpio.
The Bureau of Internal Revenue said it has found probable cause to examine tax records of Vice-President Sara Duterte and her spouse Manases Carpio.

South Korea’s air force apologises after audit blames 2021 jet collision on mid-air selfies

Hong Kong exchange tightens rules to avoid auditor shopping

The move effectively closes a loophole that allowed boards to pressure auditors into resigning without immediate shareholder oversight.
The move effectively closes a loophole that allowed boards to pressure auditors into resigning without immediate shareholder oversight.

Singapore biotech firm Mirxes delays results in Hong Kong after audit flags issues

One of Mirxes’ laboratories in Singapore. The company makes blood tests to detect cancer.
One of Mirxes’ laboratories in Singapore. The company makes blood tests to detect cancer.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.